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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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BAE Systems Plc has forged a partnership with Reaction Engines to inject $31.85 million into the latter company’s development work for a new class of aerospace engine. BAE said Monday it will purchase 20 percent of Reaction Engines’ share capital and Reaction Engines will have access to BAE’s industrial, technical and capital resources in order to demonstrate […] More
Christine Zeitz, formerly president for the Northeast Asia region at BAE Systems PLC, has been appointed to succeed Julie Dunlap as vice president and managing director  Lockheed Martin’s information systems and global solutions business in Asia and Australia. Lockheed said Monday Zeitz will oversee efforts to expand the IS&GS segment into new markets across Australia and Asia. She […] More
BAE Systems Plc seeks to place a bid for Germany’s planned combat ship contract, Big News Network reported Saturday. The company plans to modify its British Royal Navy Type 26 frigate in order to conform to Germany’s naval ship standards, according to the report. The German Defense Ministry is set to ask industry sources to […] More
Guy Montminy serves as senior vice president of finance at BAE Systems Inc. — the British defense contractor’s U.S. subsidiary. He oversees financial management operations of U.S.-based enterprises under the BAE Systems plc portfolio. Prior to this role, he spent four years as vice president of finance for the subsidiary’s electronic systems sector and was responsible for […] More
BAE Systems Plc‘s applied intelligence business has expanded its enterprise managed security services portfolio for the North American market to include new managed advanced threat detection and incident response offerings. “As cyber attacks become increasingly sophisticated, large enterprises are looking for additional safeguards to bolster defenses,” Jim Anderson, president of the Americas at BAE Systems Applied Intelligence, said […] More
Martha Shepard serves as vice president of contracts at BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — with responsibility in policy formulation and professional development functions for BAE’s U.S. and foreign-based entities. She also works to monitor acquisition-related regulatory activity and represent the U.S. subsidiary’s contracts on the commercial council for parent company BAE […] More
Kristie Cunningham serves as senior vice president of communications at BAE Systems Inc., where she is responsible for the firm’s external and internal communications activities and leads work on communications strategies and messages across all media and distribution channels. As a member BAE’s senior leadership team and global communications team, she directs media relations, employee engagement, marketing communications and community investment […] More
BAE Systems has contracted the Hydro Group underwater cables supplier to deliver a hull penetrator tool for the U.K. navy’s new fleet of submarines for $3.3 million. Work on the development, manufacture and validation of the through-hull connectors will be done in Scotland over a two-year period, Hydro Group said Friday. BAE will install the underwater connection […] More
BAE Systems plc CEO Ian King has expressed optimism that the U.S. government’s forthcoming defense budget could spell greater stability for the company and the industry over the next few years, the Wall Street Journal reported Wednesday. “In the U.S., the announced defense budget, while not yet finally agreed in detail, indicates spending reductions much as we had […] More
BAE Systems plc has partnered with the U.K. government for an eight-year, $500 million project to upgrade a shipyard in northwest England that is home to construction of nuclear submarines, Bloomberg reported Thursday. Thomas Penny writes the project involves extending the Devonshire Dock Hall facility, construction two new buildings and refurbishing other buildings such as a […] More
BAE Systems will rename its cybersecurity business unit Detica as the defense and aerospace company looks to expand its footing in markets beyond the public sector, Bloomberg reported Thursday. Robert Wall writes that Detica will become BAE Systems Applied Intelligence at the end of the month. BAE will offer network security management services to government […] More
A U.K. fighter jet equipped with metal components made with BAE Systems‘ 3D printing technology has taken its maiden flight. The Tornado aircraft flew from the UK Ministry of Defence’s airfield at Warton, Lancashire late last month, BAE announced Monday. 3D printing has the potential to yield approximately $2 million in maintenance and service savings for […] More
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